Examples of Pooled Shareholder in a sentence
The Pooled Shareholder shall be entitled to a letter or receipt from the Pooling Trustee stating the number of Pooled Shares represented by certificates held for the Pooled Shareholder by the Pooling Trustee subject to the terms of this Agreement; but such letter or receipt shall not be assignable.
For the purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires, the following shall represent the Schedule which is attached to this Agreement and which forms a material part hereof: Schedule Description Schedule “A”: Pooled Shareholder and Pooled Shares.
In this regard the within Power of Attorney for the Pooled Shareholder shall be effective from the Effective Date of this Agreement and shall continue in full force and effect until the end of the Pool Term.
The Pooled Shareholder hereby acknowledges that none of the Pooled Shares of PPMH to be delivered to the Pooling Trustee pursuant to section “2.1” hereinabove are being delivered to the Pooling Trustee in response to any terms imposed by any Regulatory Authority having jurisdiction over the affairs of either PPMH or the Pooled Shareholder and that this Agreement has been entered into on a strictly voluntary basis as set forth hereinabove.
It is hereby acknowledged by each of the Parties hereto that Xxxxxx Xxxxxx, Barristers and Solicitors, acts solely for PPMH, and, correspondingly, that the Pooled Shareholder and the Pooling Trustee have been required by PPMH to obtain independent legal advice with respect to their respective reviews and execution of this Agreement.
The Pooled Shareholder hereby acknowledges that this Pool has been entered into as a term of the Loan Agreement and, accordingly, that this Agreement is binding for all purposes in consideration of such and that the terms hereof may not be changed without the prior written consent of the Pooled Shareholder.
Any specific costs imposed by a Pooled Shareholder shall be paid by such Pooled Shareholder or may be recovered by PPMH and the Pooling Trustee from such Pooled Shareholder or its Share Account if PPMH is required to bear costs or suffers loss by the acts of such Pooled Shareholder.
Any specific costs imposed by the Pooled Shareholder shall be paid by the -10- Pooled Shareholder or may be recovered by PPMH and the Pooling Trustee from the Pooled Shareholder or its Share Account if PPMH is required to bear costs or suffers loss by the acts of the Pooled Shareholder.
In this regard the within Power of Attorney for each particular Pooled Shareholder shall be effective from the Effective Date of this Agreement and shall continue in full force and effect until the end of the Pool Term.
PPMH and the Pooled Shareholder herein agree to use their reasonable commercial efforts to initiate, complete and enter into a formal pooling agreement whereby the Pooled Shareholder will pool all of its respective Pooled Shares on a reasonably equitable basis (collectively, the “Pool”); a complete listing of the Pooled Shareholder and its Pooled Shares in and to PPMH being set forth in Schedule “A” which is attached hereto and which forms a material part of this agreement (the “Agreement”); and D.